|Bid||27.26 x 0|
|Ask||27.07 x 0|
|Day's range||27.05 - 27.41|
|52-week range||26.56 - 37.36|
|Beta (5Y monthly)||0.76|
|PE ratio (TTM)||13.22|
|Earnings date||28 Oct 2020|
|Forward dividend & yield||3.05 (11.20%)|
|Ex-dividend date||24 Oct 2022|
|1y target est||32.93|
Santander has been fined £108m by the City watchdog after it found serious and persistent gaps in the bank’s anti-money laundering safeguards.
Financial Conduct Authority found ‘serious and persistent gaps’ in bank’s controls
Santander UK has become the latest bank to be hit with a heavy fine by the country’s financial regulator over anti-money laundering failings. The Financial Conduct Authority said on Friday that it had fined the UK division of the Spanish bank £107.8mn for failing to manage its systems properly, which affected the way it dealt with 560,000 business customers. It is the largest fine Santander UK has received from the FCA and one of the regulator’s biggest anti-money laundering penalties.